Interim report Q2 - earnings improvement, guidance updated, and dividend

Announcement no. 22-2020 19 August 2020North Media delivered better-than-expected results for the first six months of 2020, despite a minor negative impact from the COVID-19 pandemic. Y-o-Y EBIT improvements in all three business areas. Highlights of the H1 2020 report (H1 2019 comparative numbers in brackets):   Solid earnings improvement in first six months of 2020 despite a certain impact from the COVID-19 crisis Consolidated revenue largely unchanged at DKK 510 million (DKK 511...

Søborg, 19/08/2020 (informazione.news - comunicati stampa - editoria e media)

Announcement no. 22-2020
19 August 2020

North Media delivered better-than-expected results for the first six months of 2020, despite a minor negative impact from the COVID-19 pandemic. Y-o-Y EBIT improvements in all three business areas. Highlights of the H1 2020 report (H1 2019 comparative numbers in brackets):   

The guidance for earnings (EBIT before special items) in 2020 is updated:

On 19 August 2020 as per company announcement 20-2020 the Board of Directors has resolved to pay an extraordinary dividend of DKK 4 per share (2018: DKK 3 per share). The decision was made because the ordinary dividend for 2019 was suspended in March due to the COVID-19 crisis.

said Kåre Wigh, Group Executive Director & CFO.

Kåre Stausø Wigh, Group Executive Director & CFO, mobile +45 25 65 21 45

This document is an unofficial translation of the Danish original. In the event of any inconsistencies, the Danish version shall apply

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